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Food prices

With memories of peak prices in 2007-8 still vivid, manufacturers must keep a close watch on commodity markets. Sudden shifts can have a massive, overnight impact on costs - and worsen food insecurity in developing countries.

Austerity bites in to consumers ability to purchase fresh fruit and vegetables

Five-a-day? We can’t afford one a week, say 25% of Brits

Austerity and rising food prices have hit healthy eating habits hard in the UK, with one in four Brits revealing they have not bought any fresh fruit or vegetables in...

Nespresso concedes in anti-trust battle: We don’t accept but we will cooperate

Nestlé's brand Nespresso will allow greater use of competitor coffee capsules in its machines following a French anti-trust investigation.

MSC to launch first sustainable seaweed standard

The Marine Stewardship Council (MSC) is expanding its sustainability standard beyond wild-capture fish and invertebrate fisheries to include wild seaweed for the first time.

EU Commission: The bees are OK, but the pesticide ban stays

Pan-European research shows that while higher bee colony mortalities do exist in some parts of the EU due to cold winter weather, bees are neither disappearing, nor is colony collapse...

FAO: Ukraine-Russia tensions and poor weather lead to sharp rise in food prices

Unfavourable weather conditions in the Asia, Brazil and the US, coupled with increased political tension in the Black Sea region have led to a steep increase in world food prices,...

Live updates from Food Vision in Cannes

The key quotes: #FoodVision in tweets

Global food and drink industry leaders at the Food Vision event in Cannes are aiming to tackle the big issues and key topics directly affecting the future of the industry...

Waste date beans- from eco coffee alternative to beyond

An Israeli company that has released a range of coffee alternatives made from roasted date kernel, says the waste material has potential as a sustainable food and drink ingredient stretching far...

CIUS: EU must act on sugar shortage risk

The Committee of European Sugar Users (CIUS) has called on EU member states and the Commission to take adequate measures to avoid sugar shortages and guarantee a sufficient stock level...

Gluten-free foods are too expensive, say coeliac shoppers

Nearly 90% of UK shoppers with coeliac disease say that gluten-free foods do not represent good value for money, according to a survey from Leatherhead Food Research.

Hostile commodity prices stunt growth for German confectioners: BDSI

Strong commodity price increases in 2013 impeded growth for the German confectionery, according to the Germany Confectionery Industry Association’s (BDSI’s) annual review.

German sugar companies fined €280m for price fixing

Germany’s three largest sugar companies, Sudzucker, Pfeiffer & Langen, and Nordzucker have been fined a total of €280m for price fixing by the German competition authorities.

UN strategy: A sustainable and inclusive food economy

Businesses must commit to building, supporting and operating agriculture systems that provide enough food and proper nutrition for every person on the planet, according to a UN Global Compact review....

Europeans may be 'ready to buy and cook' insects, finds Belgian study

There is a good chance that consumption of insects can be introduced to the food habits of Western European populations, according to new research that found Belgian consumers were 'ready...

Alternative snack protein: “Hybrid” meat wins over insects, lentils and seaweed

Locusts, lentils, seaweed or “hybrid” meat? Researchers have found that consumers prefer the thought of non-specified meat substitute snacks over those containing insects or seaweed. 

Children and chocolate: The sweet industry's bitter side

NGOs say human trafficking and child labor remain deep-seated problems of the cocoa industry as a Nestlé, ADM and Cargill court case stirs up old supply chain concerns.

Leatherhead: The future consumer is savvy and sceptical

The coming year will see a more sceptical consumer who demands greater traceability, sustainability and honesty on pack, according to a Leatherhead analyst.

ABF growth dampened by sugar price drop

Plunging world sugar prices hampered sales growth for Associated British Foods (ABF) in the first quarter of its current financial year, but its Twinings and Allied Bakeries brands delivered strong...

EU agrees rules to curb food speculation

The European Commission has agreed new rules to curb speculation in food commodities, in order to avoid a repeat of the global food price spikes seen in 2008.

Dutch top Oxfam’s global food index

The Dutch have the highest quality, most affordable food in the world while the UK ranks among the worst for affordability in Western Europe, according to Oxfam’s new global food index....

Isoglucose may take a third of EU sugar market

Isoglucose may take up to 30% of the current European sugar market after quotas are removed in 2017, according to a new report.

Higher meat and dairy prices offset lower cereal prices in 2013: FAO

Global food prices are high but have fallen slightly since last year, with higher meat and dairy prices offsetting declines in cereals, according to the Food and Agriculture Organisation’s food...

Big interview

Bye-bye black box: Could ‘radical transparency’ transform the food industry?

Lack of transparency in blended ingredients is harming trust in the food industry – but there is another way, says president and CEO of Premium Blendhub, Henrik Stamm Kristensen.

Comment

Looking back on 2013: How did we do with last year’s predictions?

Before we take out our crystal balls in January and look ahead to 2014, let’s take a moment to ask, how accurate was our forecast for the past year? FoodNavigator...

Guar gum prices likely to plummet on ‘huge’ crop

Hydrocolloids expert Dennis Seisun has just returned from his third annual visit to Jodhpur in India to check on the guar crop there, and reports “in a nutshell, a huge crop...

Tight raw material supply driving up hydrocolloids prices

Tight supply of raw materials is affecting many hydrocolloids and prices are likely to rise as a result, according to hydrocolloids expert Dennis Seisun.

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